Discover Credit Cards Review

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Of the four major credit card issuers in play today, Discover is the least used and least known.  Originally started in 1985 as a Sears brand, Discover has branded itself effectively over the last decade to become a major competitor of Visa, MasterCard and American Express.  A line of commercials featuring the customer service representative known as “Peggy” continue to be voted the most memorable by consumers.

The product line that Discover offers to potential new cardholders is not as diverse as others, but it does cover most consumer needs.  I’ve compiled the current list of Discover consumer credit cards and focused on the clear strengths and weaknesses of each card.  Should you own any of the below cards, please leave your feedback on why you like or don’t like it.

Discover it®
Discover it®
Apply Now...
  • Fair. No annual fee. No overlimit fee. No foreign transaction fee. Pay up to midnight ET online or by phone on your due date without a fee. Plus, paying late won't raise your APR.*
  • Generous. 5% cash back at Home Improvement Stores, Furniture Stores and Bed Bath & Beyond® on up to $1,500 in purchases from April through June 2014.*
  • Human. 100% U.S.-based customer service available any time.
  • Safe. Because you're never responsible for unauthorized charges with our $0 Fraud Liability Guarantee.
  • Plus, free FICO® Credit Score on your monthly statement to help you stay on top of your credit.*
  • 0% Intro APR* on purchases and balance transfers for 14 months. Then the variable purchase APR applies, currently 10.99% - 22.99%. A fee of 3% applies for each balance transferred.
  • *Click "Apply" to see rates, rewards, and free FICO® Credit Score terms and other information.
Intro APR Intro APR
Period
Regular
APR
Annual
Fee
Balance
Transfer
Credit
Needed
0% 14 months 10.99% - 22.99% Variable* $0 0% Excellent Credit

Discover it®
Discover it®
Apply Now...
  • Fair. No annual fee. No overlimit fee. No foreign transaction fee. Pay up to midnight ET online or by phone on your due date without a fee. Plus, paying late won't raise your APR.*
  • Generous. 5% cash back at Home Improvement Stores, Furniture Stores and Bed Bath & Beyond® on up to $1,500 in purchases from April through June 2014.*
  • Human. 100% U.S.-based customer service available any time.
  • Safe. Because you're never responsible for unauthorized charges with our $0 Fraud Liability Guarantee.
  • Plus, free FICO® Credit Score on your monthly statement to help you stay on top of your credit.*
  • 0% Intro APR* on balance transfers for 18 months. Then the variable purchase APR applies, currently 10.99% - 22.99%. A fee of 3% applies for each balance transferred.
  • 0% Intro APR* on purchases for 6 months. Then the variable purchase APR applies, currently 10.99% - 22.99%.
  • * Click "Apply" to see rates, rewards, and free FICO® Credit Score terms and other information.
Intro APR Intro APR
Period
Regular
APR
Annual
Fee
Balance
Transfer
Credit
Needed
0% 6 months 10.99% - 22.99% Variable* $0 0% Excellent Credit

Discover it® for Students
Discover it® for Students
Apply Now...
  • Fair. No annual fee. No overlimit fee. No foreign transaction fee. No late fee on your first late payment. And paying late won't increase your APR.*
  • Generous. 5% cash back at Home Improvement Stores, Furniture Stores and Bed Bath & Beyond® on up to $1,500 in purchases from April through June 2014.*
  • Human. Talk to a real person any time with 100% U.S.-based service.
  • Safe. Because you're never responsible for unauthorized purchases with our $0 Fraud Liability Guarantee.
  • 0% intro APR* on purchases for 6 months, then the standard variable purchase APR of 12.99% - 21.99%.
  • *Click "Apply" to see rates, rewards and other information.
Intro APR Intro APR
Period
Regular
APR
Annual
Fee
Balance
Transfer
Credit
Needed
0% 6 months 12.99%-21.99% Variable* $0 See Terms Fair

If you are wondering where cards like the Discover More Card or Discover Open Road Card are in this list, they have all been retired by Discover. The above three consumer credit cards are the entire lineup currently offered by Discover.

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the “Apply Now” button, you can review the credit card terms and conditions on the issuer’s website.

Discover is a paid advertiser of this site.

Published or Updated: January 14, 2013
About Rob Berger

Rob founded the Dough Roller in 2007. A litigation attorney in the securities industry, he lives in Northern Virginia with his wife, their two teenagers, and the family mascot, a shih tzu named Sophie.

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